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How I got RIPPED OFF by EXNESS...

forexkissdotcom
Mar 08 2013 at 09:39
2 posts
@OP you should bring this case to NZ court, not FPA forum.

Iroa
Apr 03 2013 at 11:27
37 posts
forexkissdotcom posted:

I lol-ed at this. EXness the most liquid broker in the market? LOL.


Yep when someone says this about a market maker you just know they're paid shrills for the company.

Thanks for informing all the traders out there with your story Mevo. I'm sure many people (myself included) will never deposit any money into such a bucket shop broker after read this.

BellaVista507
Apr 03 2013 at 12:53
251 posts
Iroa posted:
forexkissdotcom posted:

I lol-ed at this. EXness the most liquid broker in the market? LOL.


Yep when someone says this about a market maker you just know they're paid shrills for the company.

Thanks for informing all the traders out there with your story Mevo. I'm sure many people (myself included) will never deposit any money into such a bucket shop broker after read this.

 

 Do you even know what a 'bucket shop' is?

Mevo
Apr 03 2013 at 15:39
65 posts
Iroa posted:
forexkissdotcom posted:

I lol-ed at this. EXness the most liquid broker in the market? LOL.


Yep when someone says this about a market maker you just know they're paid shrills for the company.

Thanks for informing all the traders out there with your story Mevo. I'm sure many people (myself included) will never deposit any money into such a bucket shop broker after read this.


Thank you Iroa. I do hope many people interested to open an account with these scammers won't do it after reading this.
Exness is doing the opposite of what I'm doing (with only one account: Mevo): Using many accounts to promote Exness and try to discredit people trying to warn people about them (with quite stupid points), like 'AmberLynn' or 'BellaVista'... I now just ignore them.

BellaVista507
Apr 03 2013 at 16:19
251 posts
Mevo posted:
Iroa posted:
forexkissdotcom posted:

I lol-ed at this. EXness the most liquid broker in the market? LOL.


Yep when someone says this about a market maker you just know they're paid shrills for the company.

Thanks for informing all the traders out there with your story Mevo. I'm sure many people (myself included) will never deposit any money into such a bucket shop broker after read this.


Thank you Iroa. I do hope many people interested to open an account with these scammers won't do it after reading this.
Exness is doing the opposite of what I'm doing (with only one account: Mevo): Using many accounts to promote Exness and try to discredit people trying to warn people about them (with quite stupid points), like 'AmberLynn' or 'BellaVista'... I now just ignore them.



 The reality is you have still yet to proof what you have claimed. You said they have scammed you out of your money. Due to the fact that you won alot and tried to withdraw. In which it was declined. Although you did show the snapshot of it being declined. You have not provided the snapshot of your DEPOSIT screen. I don't see what the problem is. Well I do see the problem. The problem is you have deposited with a credit card, and tried to have your profits withdrawn to moneybookers. Which can not be done! Now how can I discredit you, when you have yet shown proof of your claim?

BellaVista507
Apr 03 2013 at 16:24
251 posts
As for exness being liquid. They are so, because they don't require new deposits to cover withdrawal request from current clients. :) Not like etoro, hotforex, or all these other brokers with tons of clients. A bucket shop relies on new deposits in order to pay current clients. ( Ponzi scheme). That is why exness is a liquid broker. All of this talk about scamming is all B.S. by big fat losers. Mavi is a lier and has yet to post the snapshot of his deposits. I can assure you if he did, it will reveal information which he isn't disclosing.

lurdmanny
Apr 04 2013 at 07:50
5 posts
with bellavista507 to me it looks so much that you are bn paid by exness, well thats not my point anywhere personally i have 2 account with exness from which i have withdraw double of my capital, the only thing i notice now is that it seems the spread are larger for me not sure though but if thats the case, am still okay with it. i wont say exness is the best or its good, but my honest opinion, so far its working fine. enjoy

Turtlesrus (Turtlesrus)
Apr 04 2013 at 11:53
64 posts
lurdmanny posted:
with bellavista507 to me it looks so much that you are bn paid by exness, well thats not my point anywhere personally i have 2 account with exness from which i have withdraw double of my capital, the only thing i notice now is that it seems the spread are larger for me not sure though but if thats the case, am still okay with it. i wont say exness is the best or its good, but my honest opinion, so far its working fine. enjoy


A paid provocateur and he/she isn't even denying it, (the official Exness rep is not denying it either)). Hence, there is nothing else to presume other than/ Exness is paying him/her to insult and badger their unhappy customers. {Brown shirt tactics}!!!.
Just to mention how I wasn't even mad at Exness until this halfwit called me a name for no apparent reason other than to get under my skin, because he didn't like reading my honest testimony and experience with one of Exness trading platforms.

Great job, Exness!

Turtlesrus (Turtlesrus)
Apr 04 2013 at 12:16
64 posts
Also, look for a definition of ä bucket shop and 'bucketing'. It''s just another term for a market maker, which Exness self admittedly happens to be.

Mevo
Apr 04 2013 at 13:24
65 posts
Turtlesrus posted:
Also, look for a definition of ä bucket shop and 'bucketing'. It''s just another term for a market maker, which Exness self admittedly happens to be.


A market maker 'makes the price' by posting the BID and the ASK, and takes all orders coming from its customers. There is NO orderbook and no LIQUIDITY involved, as the market maker takes all and every trades. After, they usually hedge their position on a real market to be sure to not loose big (they could win big too ...). They may only hedge a part, or only some customers and not another, etc ...

A bucket shop is indeed a market maker, but which takes all the risk (no hedge anywhere) assuming more customers will loose than the customers that will win money, which is usually the case. The usual problem with bucket shops is that they are loosing their own money when a customer wins money as they didn't hedge anything, and they usually use tricks to make traders loose more, and/or they sometime simply refuse to pay winning traders ...

As I'm concerned, I consider all this to be the broker problem. It's their business of how they handle their risk management, and I don't care at all, as long as they are honest (don't use tricks) and they pay you when you make a profit. Problem is that usually bucket shop are NOT honest ...

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